Hello Everyone,
Quick Note: Last week the market rallied and stalled almost exactly at a perfect 1:1 symmetry move for the indexes and logically pulled back today. Short-term watching to see if the SPX can hold this channel pattern (see daily and 2hr time frames), if not then things could get ugly. We still have the unfilled open gap at 4020 on the SPX should it attempt another rally later this week.
All eyes on CPI and core CPI inflation data tomorrow
The US Dollar is unstoppable up another 1.2% today!
Cryto looks vulnerable yet again
Precious metals continue to get slaughtered with the strong Dollar
have a great evening,
Matt
